Sundaram Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
About the Fund
Sundaram Consumption Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ratish Varier, Ashish Aggarwal. The fund could potentially beat inflation in the long-run.
Key Parameters
- Sundaram Consumption Fund Direct Growth has ₹1495 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 1.3.
Returns
Sundaram Consumption Fund Direct Growth has given a CAGR return of 16.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.10%, 21.79% and 21.03% respectively.
Holdings
Sundaram Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Communication, Health, Financial Services, Real Estate, Basic Materials. Its top holdings are Bharti Airtel Ltd, ITC Ltd, Kalyan Jewellers India Ltd, Mahindra & Mahindra Ltd, Hindustan Unilever Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Sundaram Consumption Fund Direct Growth
The investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit directly from consumption led demand in India.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Sundaram Consumption Fund Direct Growth has no lock in period.
Fund Performance
323 people have invested ₹ 49.4L in Sundaram Consumption Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
IND ranking is not available for this fund.
Beats FD returns for both 3Y & 5Y duration
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category
Fund Overview
| Expense ratio | 1.3% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1495 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 56.77% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
66.8%
Small cap
15.3%
Mid cap
13.7%
Sector Allocation
Consumer Cyclical
42.5%
Consumer Defensive
35.8%
Communication
12%
Health
2.9%
Financial Services
2.5%
Real Estate
2.5%
Basic Materials
1.7%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Kalyan Jewellers India Ltd | 23.9% |
 Info Edge (India) Ltd | 4.6% |
Ratish Varier
Fund Manager of Sundaram Consumption Fund Direct Growth, since 1 January 2022
Top funds managed
Ashish Aggarwal
Fund Manager of Sundaram Consumption Fund Direct Growth, since 1 January 2022
Top funds managed
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity - consumption). Its expense ratio is 1.3% which is lower than the category average expense ratio of 1.44%.
In the last 5 years, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 28.13% return, outperforming this fund by 7.1% per annum.
In the last 3 years, SBI Consumption Opportunities Fund Direct Plan Growth has given 28.43% return, outperforming this fund by 6.63% per annum.
Over the last 1 month, this fund has experienced a 7.3% growth in AUM moving from 1.39K Cr to 1.49K Cr.
In the last 1 year, Nippon India Consumption Fund - Direct Plan - Growth Plan has given 43.65% return, outperforming this fund by 5.55%.
Sundaram Consumption Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.82% since inception which is less than its category average return of 20.29%
Fund Allocations
This fund has an allocation of 95.89% in Equity, 0% in Debt and 4.11% in Cash related instruments
AUM size ₹1495 Cr
This fund has AUM of ₹1495 Cr which is less than its category average of ₹ 1588 Cr
Expense Ratio 1.3%
This fund has an expense ratio of 1.3% which is less than its category average expense ratio of 1.49%
Frequently Asked Questions
The current NAV of Sundaram Consumption Fund Direct Growth is ₹104.06 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Sundaram Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 6.38% | 6.38% |
6 Month Returns | 20.05% | 20.05% |
1 Year Returns | 38.1% | 38.1% |
3 Years Returns | 80.65% | 21.79% |
5 Years Returns | 159.68% | 21.03% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.3% as on June 2024
₹1495 Cr as on June 2024
Bharti Airtel Ltd(9.54%), ITC Ltd(8.5%), Kalyan Jewellers India Ltd(8.23%), Mahindra & Mahindra Ltd(7.82%), Hindustan Unilever Ltd(6.75%) as on June 2024
Consumer Cyclical(40.78%), Consumer Defensive(34.37%), Communication(11.51%) as on June 2024
The alpha ratio for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Sundaram Consumption Fund Direct Growth | 6.62 | 1.49 | -1.42 |
As on June 2024
The alpha for Sundaram Consumption Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Sundaram Consumption Fund Direct Growth | 0.68 | 0.8 | 1.04 |
As on June 2024
The Beta for Sundaram Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Sundaram Consumption Fund Direct Growth | 2.35 | 1.14 | 0.74 |
As on June 2024
The sharpe ratio for Sundaram Consumption Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Sundaram Consumption Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Sundaram Consumption Fund Direct Growth | 9.82 | 12.16 | 18.2 |
As on June 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.67 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ratish Varier, Ashish Aggarwal are the fund managers of Sundaram Consumption Fund Direct Growth
The Exit load of Sundaram Consumption Fund Direct Growth is 1%